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4/17 Bunyan Street, Waltham, Christchurch, Canterbury, 2 Bedrooms, 2 Bathrooms, Unit

Priced at $569,000. Deadline (Unless Sold Prior)

4/17 Bunyan Street, Waltham, Christchurch, Canterbury

2
2
UnitListed on Thu Jan 16

Waltham 2 Bedroom Priced at $569,000 - Dual Key Cash Cow

Seize the opportunity to invest in one of Christchurch's most promising areas with this post-quake-built dual-key property in Sydenham. Offering a strong yield of over 6%, this mostly furnished property is an excellent addition to any investor's portfolio, providing not just one but two income-generating units. The property comprises a one-bedroom apartment and a studio, each with its own kitchen, bathroom, and private balcony, ensuring privacy and convenience for tenants.

In today's market, the demand for well-maintained, furnished rental properties is high, and these units are perfectly positioned to meet that need. With a design tailored for modern living and a location that appeals to a wide range of tenants, this property promises steady rental income and low vacancy rates.

Located just minutes from Christchurch CBD, this property enjoys the benefits of a central location, including easy access to shopping, dining, and public transport. As Christchurch continues its growth and revitalization post-quake, properties like this are becoming increasingly valuable, offering both strong rental returns and long-term capital gains.

Investors will appreciate the low-maintenance nature of this property, along with the fact that it's mostly furnished and ready to generate income from day one. Contact us today for more information.

Key Details:

Floor Area: 64m2

CV: $550,000

LV: $122,000

IV: $428,000

Rates: $3,255.45

Built: 2016

Body Corporate: $3,181.09

Rental Income weekly: Unit A $390 Unit B $340

School Zones: Waltham School, Hillview Christian School, St Mark's School (Christchurch)

Legal Description: UNIT 104 DP 500778 ON LOT 1, 2 & 4 DP 479995 HAVING SHARE IN 9946M2

Certificate of Title: Unit Title

Priced at $569,000 - DEADLINE Closes Tuesday 4th February at 3pm (Unless Sold Prior)

To download the information for this property, please copy this link into your web browser: https://www.propertyfiles.co.nz/property/bunyanstreet.417.

Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you to complete your own research and seek independent legal and/or technical advice.

Location

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Council Data

Last update : 2025 01 22
Improvement value$428,000Increased by 39% from year 2019
Land value$122,000Increased by 93% from year 2019
CV(Year 2022 Month 08)$550,000Increased by 48% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Floor area64m²
Decade of construction2017
Title745849
Type of titleUnit Title
Legal descriptionUNIT 104 DP 500778 ON LOT 1, 2 & 4 DP 479995 HAVING SHARE IN 9936.61 M2
CouncilChristchurch
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 104 AND ACCESSORY UNIT 12A, 13A DEPOSITED PLAN 500778
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Waltham School
0.20 km
Primary
1-8
Government
Co-Educational
EQI: 501
3
Hillview Christian School
0.67 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Marian College
1.31 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Aratai College
2.07 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Te Puna Wai o Waipapa - Hagley College
2.52 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Middleton Grange School
5.99 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Christchurch Adventist School
6.47 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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Surrounding facilities

Bunyan Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.09 km
2
1
72m2
Year 2024 Month 11 Day 26
$555,000
Council approved
10/70 Waltham Road, Sydenham
0.06 km
2
2
-m2
Year 2024 Month 11 Day 13
$560,000
Council approved
32/17 Bunyan Street, Waltham
0.03 km
3
1
96m2
Year 2024 Month 11 Day 12
$520,000
Council approved
8/58 Waltham Road, Sydenham
0.07 km
3
2
-m2
Year 2024 Month 10 Day 18
-
Council approved
17/15 Bunyan Street, Waltham
0.05 km
2
2
-m2
Year 2024 Month 10 Day 11
$512,000
Council approved

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Ref:BGN32920Last update:2025-01-24 12:00:46